Sunday, December 12, 2010

So you didn’t graduate from Harvard, you have no family connections on Wall Street, and you have no relevant work experience whatsoever… but you still want to work in Investment Banking? Do you have an ice sickles chance in hell of landing a job? Surprisingly enough, it turns out you actually still might have a shot.

Recently I spoke with a few guys at a new start up that focuses on providing kids the tools they need to break into Investment Banking.

The website’s called www.iBankingPrep.com and they essentially pick up where most schools leave off when it comes to preparing students for a career on Wall Street.

And for good reason, most schools (aside from a select few) fail to provide students with the knowledge and tools needed to land a job in Investment Banking. Whether it be what questions to expect in an interview or how to run a complex merger model, most schools are out of touch when it comes to getting their kids ready to compete in one of the most competitive and difficult job fields in the world.

The guys that started the website originally came out of state school, had no connections with anyone on Wall Street, and still managed to land jobs at one of the top investment banks on Wall Street. They learned the process and after witnessing first hand, the disconnect between what most colleges teach their students and what is actually needed to make it through the iBanking recruitment process, decided to put together a website that gives students what they need to break into the industry.

If you’re still trying to get into the industry I definitely recommend checking out the website and shooting them an e-mail. They’re nice guys and usually pretty quick to respond.